Risks Related to Laws, Politics and Social Unrest at Overseas Locations
First written in FY2016. 6 of 9 entries say "Worsened", first in FY2022. Latest entry: FY2026.
Alps Alpine moved to the "Worse" side of this theme in 2022, the same year as the typical company in this theme.
The whole theme swung hardest in 2024: 11 of 19 companies on the "Worse" side.
14 other companies' latest entry also says "Worsened".
- FY2026WorsenedAnnual report
「In particular, the risks of a prolonged situation in Ukraine and the Middle East, political and economic confrontation between the United States and China, and a contingency involving Taiwan are considered increasingly likely to materialize.」
The discussion identified the situations in Ukraine and the Middle East, US-China confrontation and a Taiwan contingency as political and social disruption risks associated with overseas locations and transactions, and described monitoring by the Economic Security Committee and the establishment of alternative production capabilities. - 2026-04-30RestatedRevision of earnings forecasts
「During the fiscal year, the global economy remained highly uncertain, affected by developments in the financial and trade policies of various countries, heightened geopolitical risks, and additional tariffs imposed by the United States, among other factors.」
Policy, geopolitical, and tariff factors affecting overseas bases and transactions were described on an ongoing basis. - FY2026-H1WorsenedAnnual report
「During the interim consolidated accounting period, the business environment remained highly uncertain due to policy shifts in various countries, heightened geopolitical risks and additional US tariffs affecting the global economy.」
The discussion newly specified policy shifts in various countries, heightened geopolitical risks and additional US tariffs as factors affecting political and social disruption risks associated with overseas locations and transactions. - FY2025WorsenedAnnual report
「The impact of US-China trade friction, the situation between Russia and Ukraine, developments concerning Taiwan, and the situation between India and Pakistan may continue to cause sharp foreign-exchange movements through higher prices for crude oil, natural gas and other commodities, supply chain disruptions, and interest-rate increases by central banks focused on combating inflation, potentially affecting the Group's business performance and financial position.」
Geopolitical and economic security factors, including developments concerning India and Pakistan and US-China trade friction, were added to the political and social disruption risks associated with overseas locations and transactions. - FY2023WorsenedAnnual report
「The worsening situation between Russia and Ukraine, along with US-China decoupling and developments concerning Taiwan, may continue to drive up prices for crude oil, natural gas and other commodities, intensify supply chain disruptions, and cause sharp foreign-exchange movements due to interest-rate increases by central banks focused on combating inflation, potentially affecting the Group's business performance and financial position.」
The discussion specified US-China decoupling, developments concerning Taiwan and central bank interest-rate increases as new factors affecting political and social disruption risks associated with overseas locations and transactions. - FY2023-Q3RestatedAnnual report
「Meanwhile, uncertainty about the outlook remains due to higher resource prices and accelerating inflation resulting from the situation in Ukraine, as well as monetary tightening policies by central banks in various countries.」
The discussion stated that the impact of higher resource prices and accelerating inflation resulting from the situation in Ukraine continued as a political and social disruption risk associated with overseas operations. - FY2023-Q2WorsenedAnnual report
「In Europe, the acceleration of inflation and restrictions on natural gas supplies resulting from the situation in Ukraine had an impact, but economic activity generally recovered to pre-pandemic levels and the economy remained firm.」
The discussion stated that the situation in Ukraine was affecting Europe through accelerating inflation and restrictions on natural gas supplies, as a political and social disruption risk associated with overseas locations and transactions. - FY2022WorsenedAnnual report
「The worsening situation between Russia and Ukraine and the expected prolongation of the conflict may affect the Group's business performance and financial position through higher prices for crude oil, natural gas and other commodities, reviews of manufacturing and sales activities primarily by European customers, worsening supply chain disruptions, and the suspension or modification of transactions with suppliers in Ukraine.」
The discussion specified the impact of the situation in Ukraine on energy prices, European customers and supplier transactions as political and social disruption risks associated with overseas locations and transactions. - FY2016First statedAnnual report
「The Group conducts much of its production and sales activities in the United States, Europe and Asian countries including China. Expanding into these overseas markets and operating businesses overseas inherently involve risks such as unexpected changes in laws or tax systems, adverse political or economic factors, terrorism, war and other social disruptions.」
The Group disclosed overseas operating risks associated with production and sales in the United States, Europe and Asia, including China.